£185,185
This estimated value is based upon the latest sale price for the house of £159,950 on 19 Jul 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£159,950 | 19 Jul 2021 |
£141,000 | 16 Nov 2015 |
£90,000 | 2 Apr 2014 |
Terraced |
Freehold |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in July 2021 the House Price Index for LANCASHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £159,950 results in an estimated price of approximately £185,185.
19 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £159,950 | £25,235 | £185,185 |
The Postcode Pricing Model uses changes in average sales price within the BB7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 27.073 % | £43,303 | £203,253 |
3 Month Average | -13.767 % | £-22,021 | £137,928 |
6 Month Average | -3.190 % | £-5,102 | £154,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £172,000 | £172,000 | 10 COCKERILL TERRACE |
20 Mar 2024 | £649,986 | £640,000 | 7 BRAMBLES CLOSE |
1 Mar 2024 | £172,653 | £170,000 | 23 COCKERILL TERRACE |
3 Nov 2023 | £169,297 | £165,000 | 7 COCKERILL TERRACE |
11 Oct 2023 | £2,271,592 | £2,220,000 | THE DOG AND PARTRIDGE, 23 - 25 OLD ROW |